Be it manufacturing, construction or retail, managing inventory is extremely critical for business growth. Inventory is the heart of the above industries. With that said, understanding the common challenges in inventory management becomes super important and industry heads are looking out for solutions to achieve profit and improve customer satisfaction. https://www.hakunamatatatech.com/our-resources/blog/inventory-management-most-common-challenges-and-solution-to-overcome-in-2020/

As digital transformation is all about reinventing a business’s model, people, technology through advanced digital solutions, this will have a massive impact on your vendor and customer relationships too. The only difference between the enterprise digital transformation then and now is the way you capture data. While the digital technologies in the past helped us garner data discretely, we are able to extract collective data from different channels without any discomfort. This data-driven a...

Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human. A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets. And, without asset tracking this is highly difficult. And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better – giving you...

Setting out for digital transformation without a definite strategy is like a bird without wings. Not many companies have even the slightest idea of developing a robust roadmap for their digital transformation initiative. As business transformation using digital technologies is a long haul, executing the program without any plan can be detrimental to business, as this involves people along with model and culture. https://www.hakunamatatatech.com/our-resources/blog/demystifying-digital-tra...

There are two misconceptions that impede your digital transformation strategy. (1) You think that your business is too traditional, and does not need digital. (2) Your business has already gone digital by having a web presence, social media presence, a mobile app and a networked organization with easy knowledge and information sharing. https://www.hakunamatatatech.com/our-resources/blog/steps-success-digital-transformation/

Logistics make for an indispensable part of the entire supply chain. Transportation industry facilitates the movement of goods across continents for every sector, making it a driving force for the world economy. But this industry processes perhaps the most substantial amount of information that is being shared between supply chain participants via mountains of paper every day. Fluid communication & optimum exchange of information between logistics partners & other participants in the supply c...

We’re all living in the digital era, so regardless of the age, size, or industry of your company, you must acquire the right mindset, procedures, and equipment to maximize your company’s operational excellence and flourish in this highly-competitive dynamic world. In this blog, we are going to talk about how you can future-proof your business via digital transformation. We will discuss everything about digital transformation, its importance, and its implementation in your organization. ...

The biggest impact of the present Covid-19 outbreak would be the surge of data-enabled services in our business life. We expect digital transformation to become an even larger essential element for organizations in the near future. Many people think that digital transformation is more focused on technology, but most cases tell that it is more focused on people. One can buy any technology they need to turn their whole business customs into the modern setting. Still, the capacity to adjust to t...

Digital transformation is a catchphrase that has grabbed the attention of entrepreneurs, C-suite, business leaders, and strategists across industries at the global level. Considering the enormous benefits of digital transformation, every organization in 2020 will be keen to embrace disruptive technologies to improve their bottom line while creating a meaningful, personalized, and quality experience for its stakeholders. Digital transformation for companies is not merely a process; instead, it...

In the traditional systems, the classical “Bit” is either 1 or 0 but in superposition it can be both 1 and 0 at the same time. Thus, Quantum computer can perform many different calculations in parallel. So, Quantum Computing is ready to overtake the traditional binary computer with Digital Transformation. Today scientists are trying to combine Quantum Computing with Machine Learning to calculate the probabilities. Mostly engineers are working on Cyber Security, Artificial Intelligence and Qu...

The event of digital transformation is quite imminent in recent world situations. However, unlike all the other changes, digital transformation has not been totally hard; rather a seamless and smooth transition has been observed. In a survey held in October 2018, it was reported that about 80% of the companies that had approached replied positively about embracing transformations that involve digital aspects. Are you thinking about transforming your business using digital tools? Go on furth...